948 George StMumfordNY14511
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mumford at 948 George St, Mumford, NY, 14511 priced at $794,995 pairs $3,426/mo rent with after a $3,891/mo payment. Total monthly income equals $3,426/mo. Return on cash invested is 11.42% in year one, and rental yield stands at 5.17% on a $794,995 basis. Equity gained on principal adds $5,130/yr, and 5% annual appreciation accumulates to $219,642 by year five. Five-year ROI measures 57.95% and total cumulative return in cash reaches $151,568. For financing, Ziffy Mortgage’s DSCR program evaluates $3,426/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14511, Mumford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 191 (100%) |
| Owner Occupied HU | 144 (75.4%) |
| Renter Occupied HU | 27 (14.1%) |
| Vacant Housing Units | 20 (10.5%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,653 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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